McKinsey uses cookies to improve site functionality, provide you with a better browsing experience, and to enable our partners to advertise to you. Detailed information on the use of cookies on this Site, and how you can decline them, is provided in our cookie policy. By using this Site or clicking on "OK", you consent to the use of cookies.

The inventor, businessman, and author explains how the exponential growth of technologies will transform industries and pose new opportunities—and hurdles—for business and society.

Every executive recognizes the fast pace of technological development but grapples with the billion-dollar question: what happens next, and when? Ray Kurzweil has precise answers based on his thesis that information technology will continue to develop exponentially, leading to a not-so-distant future when artificial intelligence dominates our daily lives, genes can be reprogrammed away from cancer, and solar power can provide the world with all the energy it needs.

Some observers describe Kurzweil’s predictions as science fiction, and some academics question his underlying thesis. Yet the well-argued theories of this best-selling author, serial inventor, and recipient of honors (from three US presidents) have not gone ignored. Kurzweil not only has a growing band of followers among technology executives but also has advised the US Army on responses to biological terrorism and the US and Israeli governments on renewable energy.

Kurzweil spoke with McKinsey Publishing’s Lars Föyen about the basis for his predictions, how industries will change when they come to pass, and the double-edged nature of his vision.

August 2010 – Advancing technologies and their swift adoption are upending traditional business models. Senior executives need to think strategically about how to prepare their organizations for the challenging new environment.

September 2009 – Solar power is poised to grow into a reliable alternative energy source, promising lower carbon emissions and decreased dependence on fossil fuels. What technologies are currently jostling for leadership in the market?

June 2009 – Upon entering the mainstream—in a few years or a couple of decades—electrified cars will transform the auto and utilities sectors and create a new battery industry. What will it take to win in a battery-powered age?